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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: Max Haber who wrote (17108)	12/7/1998 8:12:00 AM
From: Chuca Marsh	Respond to of 20681

<<.. Recovery is he only thing that really matters. Thats the end game. If any group can put out assays, COC of course, multiple labs and a methodology for scaling that up to bulk testing (immediately) I would support them whole totally. ..>> In regards to the terms and conditions of the original J-L Contract with Naxos, if Naxos would not GIVE them a third of the company there would be no "Mutually Exclusive Agreement" and thus; J-L would be allowed to use their workable tech with othersw. IE- MG Natural Resources in this past weeks' topic of discussion. So, if J-L has a recovery system and no deal with Naxos, what would they do. They would do what they did. Just - imho. Maybe there is a Tech that works, and we are dealing with non-patentable situations, a cause of all this....not the RECOVERY and Upscale issues. But maybe other some Naxos folks, like Mark, think I have missed it. Mark, would welcome your imput. I think that a few weeks ago, I heard that if SOMEONE COULD SHOE RECOVERYT and METALS IN HAND; I would support it. Since that time...all this has happened at my little favorite triple play baseball team- MGAU. Yes, it was high up in MG that that statement was Recovery Alluded to. There must have something, I tell you listen for that between the lines and if you want recovery, support MG and Support Naxos and it may be based on J-L RECOVERY. ( Speaking about RECOVERY, Hewletts Maxam Combined Process IN NUMBER ONE in my minds eye, still. Best to all, hang tuff-hang ten, ten bag or what? Chuca

To: Max Haber who wrote (17108)	12/7/1998 2:02:00 PM
From: mark silvers	Read Replies (1) \| Respond to of 20681

Max, I agree that no one should have a free ride, and that there must first be definitive proof before there can be compensation. As far as recovery before assay, I am not as sure that I agree. but I think it is more of a technicality. One thing that an assay will do is it will give you a map of the property as to where and how the "hot spots" and the "not so hot" spots lie. It makes things much more efficiently if you know how and why you are getting the recovery numbers you do. You will end up being much more cost efficient. However, that may be the classic case of putting the cart before the horse. We first need to find out definitively if can assay or recover anything other than sand. I think eventually we will, I just have no idea if it will be sooner or later. Mark